The Smart Money Looks To Legal Tech
Who's better positioned than law firms and their leaders to evaluate investment opportunities in this growing market segment?
October 30, 2020 at 10:02 AM
6 minute read
Law firms are feeding money into legal tech startups. And an esteemed former firm leader has attached his name to a blank-check company looking to acquire a legal tech business and take it public. Want to weigh in? Email me here. Want this dispatch in your inbox every Thursday? Sign up here.
The Smart Money Looks To Legal Tech
Did you see the news last week that former Kirkland & Ellis chairman Jeffrey Hammes has launched a SPAC? He's joined together with Adam Gerchen, the co-founder and former CEO of litigation funder Gerchen Keller, to raise $200 million for a blank-check company that aims to acquire a legal tech business.
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J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
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Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
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Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
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